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Analysts said government support for entrepreneurship and innovation has provided a major boost for tech firms and startups and allowed them to survive and thrive amid downward pressures on the broader economy. The performance of listed companies is considered a leading indicator of China's economy, which expanded steadily at 6.7 percent year-on-year in the first three quarters, well above the 6.5-percent annual target.

Analysts also noted that behind the wave of goodwill impairment could be earnings management behavior. That is, the companies use accounting techniques to "modify" financial reports.

An open letter from residents of Zhonghuan Garden, a housing compound in Shanghai, went viral after being posted online. The residents complained that instead of delivering packages to them in person, deliverymen were putting parcels in the Hive Box lockers without getting consumers' consent.

AnGes' candidate is one of Japan's best hopes for a novel coronavirus vaccine as development is further along than others being produced by firms such as Shionogi& Co and Daiichi Sankyo Co.

And finally, in the Random Channel, we talk about some unoriginal Silicon Valley “innovations.”